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Allegro MicroSystems (ALGM) Competitors

Allegro MicroSystems logo
$27.15 -0.11 (-0.41%)
As of 12:40 PM Eastern
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ALGM vs. FLEX, ALAB, CLS, DRS, CRDO, NXT, OLED, QRVO, LITE, and SITM

Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Flex (FLEX), Astera Labs (ALAB), Celestica (CLS), Leonardo DRS (DRS), Credo Technology Group (CRDO), Nextracker (NXT), Universal Display (OLED), Qorvo (QRVO), Lumentum (LITE), and SiTime (SITM). These companies are all part of the "electronic equipment" industry.

Allegro MicroSystems vs.

Flex (NASDAQ:FLEX) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, community ranking, risk, profitability, dividends, media sentiment and valuation.

94.3% of Flex shares are owned by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are owned by institutional investors. 0.8% of Flex shares are owned by insiders. Comparatively, 0.5% of Allegro MicroSystems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Flex received 490 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 67.65% of users gave Allegro MicroSystems an outperform vote while only 62.74% of users gave Flex an outperform vote.

CompanyUnderperformOutperform
FlexOutperform Votes
559
62.74%
Underperform Votes
332
37.26%
Allegro MicroSystemsOutperform Votes
69
67.65%
Underperform Votes
33
32.35%

Flex has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Flex$25.81B0.63$1.01B$2.1219.94
Allegro MicroSystems$725.01M6.92$152.70M-$0.39-69.90

Flex has a net margin of 3.95% compared to Allegro MicroSystems' net margin of -8.45%. Flex's return on equity of 17.93% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
Flex3.95% 17.93% 5.00%
Allegro MicroSystems -8.45%4.31%3.00%

In the previous week, Flex had 21 more articles in the media than Allegro MicroSystems. MarketBeat recorded 31 mentions for Flex and 10 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 1.45 beat Flex's score of 0.43 indicating that Allegro MicroSystems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Flex
14 Very Positive mention(s)
3 Positive mention(s)
12 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Allegro MicroSystems
8 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Flex currently has a consensus price target of $45.33, indicating a potential upside of 7.25%. Allegro MicroSystems has a consensus price target of $27.38, indicating a potential upside of 0.42%. Given Flex's stronger consensus rating and higher probable upside, equities research analysts clearly believe Flex is more favorable than Allegro MicroSystems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Flex
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00
Allegro MicroSystems
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Flex has a beta of 0.96, meaning that its share price is 4% less volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.57, meaning that its share price is 57% more volatile than the S&P 500.

Summary

Flex beats Allegro MicroSystems on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALGM vs. The Competition

MetricAllegro MicroSystemsSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$5.02B$59.34B$25.24B$8.48B
Dividend YieldN/A2.19%2.89%4.11%
P/E Ratio-77.8942.1645.0820.05
Price / Sales6.9246.762,149.00116.47
Price / Cash17.5326.4934.7834.62
Price / Book4.657.136.794.61
Net Income$152.70M$760.21M$737.99M$248.19M
7 Day Performance0.89%-1.62%0.55%2.97%
1 Month Performance64.91%25.98%16.30%16.58%
1 Year Performance-5.25%28.99%52,512.20%8.16%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALGM
Allegro MicroSystems
1.4887 of 5 stars
$27.15
-0.4%
$27.38
+0.8%
-9.3%$5.00B$725.01M-77.574,040Gap Up
FLEX
Flex
2.5457 of 5 stars
$40.88
+6.2%
$45.33
+10.9%
+41.7%$15.66B$25.81B16.48172,600Analyst Upgrade
High Trading Volume
ALAB
Astera Labs
2.6274 of 5 stars
$80.28
+12.8%
$99.69
+24.2%
+30.3%$13.24B$490.47M-46.40225Trending News
Analyst Forecast
Insider Trade
CLS
Celestica
3.0538 of 5 stars
$100.37
+7.9%
$105.42
+5.0%
+114.2%$11.64B$10.09B26.8423,900Positive News
Gap Up
DRS
Leonardo DRS
2.7858 of 5 stars
$40.84
-2.2%
$41.00
+0.4%
+70.6%$10.87B$3.35B51.706,580Positive News
Dividend Announcement
High Trading Volume
CRDO
Credo Technology Group
3.661 of 5 stars
$55.23
+8.7%
$71.50
+29.5%
+225.4%$9.38B$327.53M-368.20380News Coverage
Positive News
NXT
Nextracker
2.4096 of 5 stars
$50.63
+8.8%
$55.70
+10.0%
+32.9%$7.37B$2.77B12.881,050Analyst Forecast
OLED
Universal Display
4.4155 of 5 stars
$154.95
+7.7%
$190.43
+22.9%
-14.0%$7.36B$648.70M33.32440Gap Up
QRVO
Qorvo
4.243 of 5 stars
$78.42
+7.1%
$91.21
+16.3%
-20.0%$7.32B$3.72B280.078,900Positive News
LITE
Lumentum
3.9332 of 5 stars
$71.73
+10.6%
$82.20
+14.6%
+63.4%$4.96B$1.41B-9.336,820Insider Trade
SITM
SiTime
1.1051 of 5 stars
$204.63
+7.7%
$215.00
+5.1%
+57.8%$4.85B$229.99M-50.53380Positive News

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This page (NASDAQ:ALGM) was last updated on 5/21/2025 by MarketBeat.com Staff
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